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Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.
I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.
Investors are still digesting the flurry of...

Renaissance Technologies' Robert Mercer plans to step down as co-chief executive officer effective Jan. 1, as he tries to distance himself from controversy over his political ties to associates of President Donald Trump.
Peter Brown, 62, will continue as...

Connecticut's wealthiest resident made $1.4 billion last year, according to Forbes' annual list of the highest-earning hedge fund managers and traders.Ray Dalio of Greenwich is the founder of Bridgewater Associates, the Westport-based hedge fund that is...

NEW YORK — Wall Street's elite club of hedge fund managers got a bit richer last year, according to an annual ranking published this week. The top two hedge fund managers made $1.7 billion each in 2015, and the top 25 averaged 10 percent more than last...

The bare-knuckle brawl for the Republican presidential nomination has sapped the cash reserves of some of the candidates and put them in an urgent crunch as the race hurtles toward the expensive Super Tuesday contests.New campaign finance reports filed...

The top 25 hedge fund managers earned $11.6 billion in compensation in 2014, an average of $400 million each, even as hedge funds overall posted a mediocre year.
Indeed, hedge fund pay for these top managers was down sharply from 2013 and at the lowest...

In a recent Sun Sentinel "South Florida 100," Rep. Ted Deutch suggested we should be "disgusted" by the $4 billion spent on the recent federal election. This lament is hypocritical since the biggest donors were Democrats — contrary to the Democrat's...